TechMARK movers: BT pay deal boosts shares
9th Jul 2010 15:14
BT Group is higher after it agreed a new pay deal with the Communications Workers Union. This removes the threat of a strike. CWU members will receive a 3% annual pay increase backdated to January 2010 and lasting until March 2013. Prospect, the second biggest union in BT, has previously a greed a
Read moreSector movers: Telecoms up on BT pay deal
9th Jul 2010 13:54
Fixed Line Telecommunications are up after BT agreed a 9.3%, three-year pay deal with its engineers, call centre and other workers ending the prospect of a series of potentially crippling strikes. The deal, backdated to the start of 2010, runs for 39 months and covers the London Olympics and BT's
Read moreBT pays up to end strike threat
9th Jul 2010 12:43
BT has agreed a 9.3%, three-year pay deal with its engineers, call centre and other workers ending the prospect of a series of potentially crippling strikes. The deal, backdated to the start of 2010, runs for 39 months and covers the London Olympics and BT's proposed roll-out of a new broadband net
Read moreMARKET TALK: BT's Pay deal Will Cost GBP50M Extra Annually
9th Jul 2010 10:39
0939 GMT [Dow Jones] BT Group's (BT.A.LN) new pay deal will cost around GBP50 million extra a year by 2013 and "could mean a slower and more expensive fibre build," Sanford Bernstein says. "The near-term implications are mixed. BT will be able to launch its Sky Sports offering but with competition i
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
9th Jul 2010 10:39
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0939 GMT [Dow Jones] BT Group's (BT.A.LN) new pay deal will cost around GBP50 million extra a year by 2013 and "could mean a
Read moreUPDATE: BT Group Reaches New Staff Pay Deal With Union
9th Jul 2010 10:21
(Adds analyst comments, details) By Lilly Vitorovich Of DOW JONES NEWSWIRES LONDON (Dow Jones)--BT Group PLC (BT.A.LN) said Friday it has reached a new pay deal for staff with its biggest union after weeks of wrangling, ensuring the U.K. telecommunications firm's 23 year strike-free rec
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
9th Jul 2010 10:17
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0917 GMT [Dow Jones] BT Group's (BT.A.LN) new pay-deal with its biggest union has been well received by the market, with the
Read moreMARKET TALK: BT Group Pay Deal Well Received
9th Jul 2010 10:17
0917 GMT [Dow Jones] BT Group's (BT.A.LN) new pay-deal with its biggest union has been well received by the market, with the stock +2.2% at 139p. "We think this is good news for BT and its shareholders," Collins Stewart analyst Morten Singleton says. Liberum Capital's Mark James reiterates "BT has m
Read moreBT Reaches New Staff Pay Deal With Union
9th Jul 2010 09:18
By Lilly Vitorovich Of DOW JONES NEWSWIRES LONDON (Dow Jones)--BT Group PLC (BT.A.LN) said Friday it has reached a new pay deal for staff with its biggest union after weeks of wrangling, ensuring the U.K. telecommunications firm's 23 year strike-free record remains intact. BT staff will
Read moreBP and TalkTalk want Digital Economy Act repealed
8th Jul 2010 16:40
Rival internet service providers BT and TalkTalk have buried their differences and teamed up to challenge the Digital Economy Act in the High Court. The act, which was one of the last pieces of legislation passed under the previous Labour government, seeks to clamp down on copyright infringement by
Read moreOfcom Announces Quicker Mobile Number Transfers For Consumers
8th Jul 2010 10:41
LONDON (Dow Jones)--Ofcom, the U.K. telecoms regulator, said Thursday that consumers will next year be able to transfer their mobile number to a new provider in just one working day rather than the current two days. MAIN FACTS: -The new regulations, which will require mobile operators to mak
Read moreUPDATE: BT, TalkTalk Seek Digital Economy Act Review
8th Jul 2010 10:13
(Adds BIS comments, details) By Lilly Vitorovich Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. internet service providers BT Group PLC (BT.A.LN) and TalkTalk Telecom Group PLC (TALK.LN) are seeking a judicial review of the Digital Economy Act, which was rushed through parliament by th
Read moreBT, TalkTalk Seeking Judicial Review Of Digital Economy Act
8th Jul 2010 09:40
By Lilly Vitorovich Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. internet service providers BT Group PLC (BT.A.LN) and TalkTalk Telecom Group PLC (TALK.LN) are seeking a judicial review of the Digital Economy Act, which was rushed through parliament by the previous Labour government befo
Read moreUS HOT STOCKS: Central European Distribution Active In Late Trading
6th Jul 2010 22:10
U.S. stocks closed higher Tuesday as the Dow Jones Industrial Average gained 57 points to 9744, the S&P 500 climbed 5.5 points to 1028 and the Nasdaq Composite rose 2.1 points to 2094. Among the companies whose shares are actively trading in the after-hours session is Central European Distribution C
Read moreUS HOT STOCKS: Broadwind Energy, BP, Taseko Mines
6th Jul 2010 18:16
U.S. stocks moved higher Tuesday as the Dow Jones Industrial Average gained 65 points to 9751, the S&P 500 climbed 8 points to 1030 and the Nasdaq Composite rose 14 points to 2105. Among the companies whose shares are actively trading in the session are Broadwind Energy Inc. (BWEN), BP PLC (BP) and
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